Food & Restaurant Franchise Review
Food & Restaurant Franchise Opportunity - Food & Restaurant Franchise Business for Sale
Mr. Pita
Mr. Pita and Pita Depot are wonderful concepts that have tremendous customer appeal. Sales are extremely strong, especially in the sandwich industry. Our menu is perfect for today’s people on the go and those who are looking for a healthy alternative in the food industry. We are located in freestanding locations, strip centers, malls, and institutional venues. Our restaurants offer a large variety of rolled and baked pita sandwiches, soups, salads, and desserts. We have sandwiches that feature less than 3 grams of fat and have been endorsed by Weight Watchers of Michigan. There is no cooking required in the restaurants. Our restaurants offer dine in, take-out, appealing “Pita Party Platters” for catering, and delivery service. The Mr. Pita / Pita Depot website at www.mrpita.net provides complete brochure information.
Background:
Year Established: 1973
Year First Franchised: 1994
Franchised Units: 32
Company Owned Units: 4
Projected New Units (12 months): 12
States/Countries Registered In: All states soon.
Availability in Canada: Masters / Area Developer
States, Countries or Geographical Areas from which Broker Referrals are being accepted: Any territory where at least 10 stores can be developed will be considered.
Financial/Terms / Single Unit
Cash Investment: $60K
Total Investment: $205K - $349K
Minimum Net Worth: $400K
Franchise Fee: $25K
Discounts: FranVet, Women, Minorities: No
VetFran Program Participant: No
Royalty: 3% Year 1, 4% Year 2, 5% thereafter
Ad: 6%
Average # of Employees: 10-15, primarily part-time
Passive Ownership Allowed: Yes
Earnings Claim: No
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